South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, amid the country's worst political crisis in decades, advanced central bank estimates showed on Thursday.
Differing opinions on Yoon’s impeachment are driving kin apart. But a few parents and children are finding more common ground.
South Korean President Yoon Suk Yeol attended on Tuesday a Constitutional Court hearing of his impeachment trial where he denied ordering military commanders to drag lawmakers out of parliament during his short-lived bid to impose martial law.
South Korea’s impeached president denied that he had ordered the military to drag out lawmakers at the National Assembly to prevent them from voting down his martial law decree last month, as he appeared for the first time at a hearing of the Constitutional Court that is to determine his fate.
The assembly impeached President Yoon Suk Yeol last month, but the Constitutional Court will decide whether to formally dismiss or reinstate him.
SEOUL (Reuters) - South Korea's defence ministry said on Tuesday the denuclearisation of North Korea must continue to be the goal necessary for lasting global peace, after reports that U.S. President Donald Trump had called Pyongyang "a nuclear power."
SEOUL (Reuters) -- South Korea's anti-corruption agency requested on Thursday that prosecutors indict President Yoon Suk Yeol for committing insurrection and abuse of power over his short-lived declaration of martial law after transferring his case to the prosecutors' office.
The official charges against Yoon were “leading an insurrection and abuse of power”, the Corruption Investigation Office said after a 51-day probe into his December 3 attempt to suspend civilian rule
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in part by the country's worst political crisis in decades, raising bets for more fiscal and monetary support to revive growth.
South Korea's economy expanded 1.2% year on year in the fourth quarter, its slowest expansion since the second quarter of 2023. The 1.2% reading missed analysts' expectations of 1.4% growth. On a quarter on quarter basis,
Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia’s fourth-largest economy.